Foot Locker CEO, Dick Johnson has recently announced his retirement and is officially stepping down from his role as president and chief executive officer at Foot Locker, Inc. at the end of this month. The foot wear giant made the announcement earlier this morning, and also mentioned that former executive chair and CEO of Ulta Beauty, Inc., Mary N. Dillon, will effectively fill the role in early April 2023.
Johnson was elected the CEO of Foot Locker, Inc. in 2014. During Johnson’s time, he aided in growing the companies revenue to approximately $9 billion in 2021, from approximately $7 billion in 2014, and was behind a number of investments and acquisitions, including popular shoe brand Atmos last year.
“It has been a privilege and an honor to lead Foot Locker and work alongside the best team in retail for nearly 30 years,” Johnson said. “Together, we have built a broad house of brands and banners fueled by a shared passion for the global sneaker community. We have turned a brick-and-mortar company into an interactive retail community poised for long-term growth in the digital era. The board and I have worked closely together on a thoughtful succession plan, and with a strong foundation in place and ongoing momentum against our strategic objectives, we believe now is the right time to complete the CEO transition.”